After multiple opportunities to do field research this holiday season, I've come to the conclusion most of us choose wine based on brand, rather than taste.
Sure, many people have an oenophile friend who knows that a bottle of 1787 Chateau Lafite with the initials Th.J. etched on it sold for more than $150K.
Love them or loathe them, millennials are becoming an increasingly important and influential demographic in the global wine market, which is now worth €29 billion. In the globe’s largest wine consuming country – the US – they now account for 36% of the market and are starting to ditch beer in favour of wine.
Prosecco drinkers under 25 are driving strong growth for sparkling wine in the UK, according to the latest figures from the Wine and Spirit Trade Association (WSTA).
Sales of sparkling wine grew by 12% overall last year, according to the WSTA’s 2017 Wine Report.
The Comité Champagne has set the marketable yields for this year at the same level as 2016, although it records increasing Champagne shipments worldwide.
At a meeting between the Syndicat Général des Vignerons (SGV) and the Unions des Maisons de Champagne (UMC) on 21 July in Epernay, it was agreed to fix 2017’s marketable yield at 10,800 kilograms per hectare, which is identical to last year’s figure.
Another UK Budget brought potential disappointment for wine drinkers with news that wine duty will rise in-line with inflation. But how much tax are you paying on wine, and how does it change depending on what you spend?